Form 4: STAG Industrial Director Acquires Shares in Lieu of Quarterly Fees

Larry T. Guillemette, a director at STAG Industrial, acquired 979 shares of common stock in lieu of $35,000 in quarterly fees.

Summary

• On July 15, 2024, Larry T. Guillemette, a director of STAG Industrial, Inc., acquired 979 shares of common stock.
• The acquisition was made in lieu of quarterly fees of $35,000 for his services as a director.
• The shares were valued at $35.75 each, based on the average closing price for the 10-day period ended July 10, 2024.
• Following the transaction, Guillemette directly owns 42,708 shares of STAG Industrial common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director taking shares in lieu of cash compensation is generally seen as a good sign, indicating confidence in the company's future.

Positives

• The director's acquisition of shares demonstrates confidence in the company.

Future Outlook

There is no future outlook provided in this document.

Industry Context

Director share acquisitions are common and often viewed positively as they align the director's interests with those of shareholders. This is a standard transaction related to director compensation.

Related Party Transactions

• The acquisition of shares by the director in lieu of fees is a related party transaction.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a standard director compensation arrangement.

Key Dates